Call reports 2020
FIRST METRO BANK — 2020
What FIRST METRO BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 717,890,000 | 798,384,000 | 801,093,000 | 822,233,000 |
| Total loans | 421,817,000 | 468,688,000 | 457,525,000 | 441,261,000 |
| Allowance for loan losses | 4,137,000 | 4,197,000 | 4,225,000 | 4,190,000 |
| Securities available for sale | 147,161,000 | 150,793,000 | 156,718,000 | 194,304,000 |
| Securities held to maturity | 19,987,000 | 9,263,000 | 8,384,000 | 7,600,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 634,376,000 | 710,070,000 | 712,913,000 | 735,496,000 |
| Interest-bearing deposits | 619,223,000 | 688,881,000 | 690,208,000 | 714,653,000 |
| Noninterest-bearing deposits | 15,154,000 | 21,190,000 | 22,705,000 | 20,844,000 |
| Equity capital | 79,791,000 | 81,843,000 | 84,323,000 | 84,355,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 6,872,000 | 13,558,000 | 20,345,000 | 27,353,000 |
| Interest expense | 1,320,000 | 2,551,000 | 3,646,000 | 4,625,000 |
| Net interest income | 5,552,000 | 11,007,000 | 16,699,000 | 22,728,000 |
| Noninterest income | 937,000 | 1,885,000 | 3,028,000 | 4,056,000 |
| Noninterest expense | 3,351,000 | 6,683,000 | 10,023,000 | 13,296,000 |
| Provision for loan losses | 0 | 81,000 | 120,000 | 120,000 |
| Pretax income | 3,138,000 | 6,128,000 | 9,584,000 | 13,368,000 |
| Income tax | 819,000 | 1,599,000 | 2,501,000 | 3,312,000 |
| Net income | 2,319,000 | 4,529,000 | 7,083,000 | 10,056,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,150,000 | 80,361,000 | 82,915,000 | 83,032,000 |